尽管美国核心CPI印刷低于预期，但比特币（BTC）价格下跌

美国最新的核心消费价格指数（CPI）印刷是一种通货膨胀量的量度，低于预期的3.1％，超过了预期3.2％

The latest core Consumer Price Index (CPI) print came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in headline inflation figures.

最新的核心消费者价格指数（CPI）的印刷价格低于预期的3.1％，超过了3.2％的预期，标题通货膨胀数字的相应下降了0.1％。

According to Matt Mena, crypto research strategist at 21Shares, the cooling inflation data adds to the likelihood that the Federal Reserve will cut interest rates this year, injecting much-needed liquidity into the markets and sending risk-on asset prices higher. Mena added:

根据21shares的加密研究策略师Matt Mena的说法，冷却通货膨胀数据增加了美联储今年降低利率，向市场注入急需的流动性并将风险耗资资产价格提高的可能性更高。梅纳补充说：

“The latest CPI figures have come in better than expected, which could put some downward pressure on Bitcoin in the short term. However, the long-term trend for Bitcoin remains bullish, driven by the continuing inflow of liquidity into the markets.”

“最新的CPI数字比预期的要好，这在短期内可能会对比特币施加一些下降压力。但是，由比特币的长期趋势仍然看涨，这是由于流动性持续流入市场的驱动。”

Despite the better-than-expected inflation numbers, the price of Bitcoin (BTC) declined from over $84,000 at the daily open to now sit around $83,000 as traders grapple with US President Donald Trump’s trade war and macroeconomic uncertainty.

尽管通货膨胀的数量超过预期，但随着交易者与美国总统唐纳德·特朗普的贸易战和宏观经济的不确定性，比特币（BTC）的价格从每日开放到现在的每日开放量达到84,000美元以上。

A majority of market participants believe the Federal Reserve will cut interest rates by June 2025. Source: CME Group

大多数市场参与者认为，美联储将在2025年6月之前降低利率。​​资料来源：CME集团

Related: Bitcoin’s ‘Trump trade’ is over—Traders shift hope to Fed rate cuts, expanding global liquidity

相关：比特币的“特朗普贸易”已经结束 - 交易者将希望转移到削减税率，扩大全球流动性

Is President Trump crashing markets to force rate cuts?

特朗普总统是否崩溃了市场来降低降低速度？

Federal Reserve Chairman Jerome Powell said on several occasions that the central bank is not rushing to cut interest rates—a view echoed by Federal Reserve Governor Christopher Waller.

美联储董事长杰罗姆·鲍威尔（Jerome Powell）多次表示，中央银行并不急于降低利率，这一视图由​​美联储州长克里斯托弗·沃勒（Christopher Waller）回应。

During a Feb. 17 speech at the University of New South Wales in Syndey, Australia, Waller said the bank should pause interest rate cuts until inflation comes down.

在2月17日在澳大利亚Syndey的新南威尔士大学的演讲中，沃勒说，该银行应暂停降低利率，直到通货膨胀率降低。

These comments met with concern from market analysts, who say that a lack of rate cuts might trigger a bear market and send asset prices plummeting.

这些评论引起了市场分析师的关注，他们说削减税率的缺乏可能会引发熊市市场并使资产价格下降。

On March 10, market analyst and investor Anthony Pompliano specutlated that President Trump was intentionally crashing financial markets to force the Federal Reve to lower interest rates.

3月10日，市场分析师兼投资者安东尼·彼得梅诺（Anthony Pompliano）指出，特朗普总统有意崩溃金融市场，以迫使联邦REVE降低利率。

The U.S. government has approximately $9.2 trillion in debt that will mature in 2025 unless refinanced. Source: The Kobeissi Letter

美国政府的债务约为9.2万亿美元，除非再融资，否则将在2025年成熟。资料来源：Kobeissi信件

According to The Kobeissi Letter, the U.S. government needs to refinance roughly $9.2 trillion in debt before it reaches maturity in 2025.

根据Kobeissi的信，美国政府需要在2025年到期之前再融资9.2万亿美元。

Failure to refinance this debt at lower interest rates will drive up the national debt, which is currently over $36 trillion, and cause the interest payments on the debt to balloon.

如果以较低的利率再融资这笔债务将推动国家债务，该债务目前超过36万亿美元，并导致债务的利息支付给Balloon。

Due to these reasons, President Trump has made interest rate cuts a top priority for his administration—even at the short-term expense of asset markets and businesses.

由于这些原因，特朗普总统将降低利率降低是其政府的重中之重，即使是资产市场和企业的短期支出也是如此。